Re:Brexit wins. An illusion dies
by crb on Friday June 24, 2016 @08:19AM
(#11969150)
"Britain slips from 5th largest economy to 6th (behind growth-less France) in the space of five hours" - Channel 4 journalist Jon Snow
[ Parent
| on HN ]
Re:Brexit wins. An illusion dies
by TheFishyOne on Friday June 24, 2016 @10:45AM
(#11970133)
We slipped, yes, but the FTSE100 is close to 80% recovered from this morning whilst the GBP to USD exchange rate is currently where it was at in February of this year.
Our televised news hosts like to dramatise, it seems.
Meanwhile, the Spanish market is down is down 11%, Belgian one is down 5.5%, France down 7%, Germany down 6%.
It's looking like Europe is hurting more from this announcement than Britain at the moment.